In comparison to a floating exchange rate regime, a fixed exchange rate system is characterized by:
A. smoother trade balance adjustments.
B. increased destabilizing effects of exchange rate speculation.
C. greater autonomy in terms of monetary policy.
D. higher monetary discipline.
E. greater exchange rate uncertainty and volatility.
D
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Indicate whether the statement is true or false
Cybertron Inc. was accused of deceptive pricing. Which of the following explains what most likely occurred?
A) Cybertron refused to advertise sale prices in the local paper. B) Cybertron sold only defective products at the advertised price. C) Cybertron advertised a large price reduction from a phony high retail list price. D) Cybertron misrepresented a product's features in an ad. E) Cybertron used misleading labeling.
Most job seekers start looking for a position ________
A) in the hidden job market B) on social networking sites C) in the open job market D) in the classified section of the local newspaper
Thompson raised 80 acres of corn, most of which he used to feed his own cattle. He locally sold what he did not use. Based on the Supreme Court's ruling in Wickard v. Filburn,
a. Congress has no authority over Thompson's activity based on the negative aspect of the Commerce Clause. b. Congress may regulate Thompson's farming activity because it has a substantial economic effect on interstate commerce. c. only Thompson's local government can regulate his farming activity. d. only Thompson's state and local governments can regulate his farming activity.